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UK’s government-backed Millicent Labs demos a retail full-reserve digital currency

The issuer says the currency avoids pitfalls of central bank digital currency and stablecoins while bridging blockchain and traditional financial technology.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

UK’s government-backed Millicent Labs demos a retail full-reserve digital currency

The issuer says the currency avoids pitfalls of central bank digital currency and stablecoins while bridging blockchain and traditional financial technology.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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